Re:Javier Milei Backtracks on $4.4B Memecoin After 'Insiders...
by marssaxman on Sunday February 16, 2025 @09:18PM
(#43074246)
I think the point was that it gave his supporters a quasi-legal way to donate money while skirting campaign finance regulation, making the trumpcoin itself not so much a unit of currency as a receipt - a proof of loyalty.
https://www.reuters.com/markets/currencies/trumps-meme-coin-...
Any other administration this would have been a huge scandal but when we're in an avalanche of corruption I guess it can be missed.